£300,083
This estimated value is based upon the latest sale price for the house of £178,500 on 7 Feb 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,500 | 7 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in February 2013 the House Price Index for LINCOLNSHIRE was 88.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.114%.Applying this 68.114% change to the original purchase price of £178,500 results in an estimated price of approximately £300,083.
| 7 Feb 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.0 | 68.114 % | £178,500 | £121,583 | £300,083 |
The Postcode Pricing Model uses changes in average sales price within the PE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 101.118 % | £180,496 | £358,996 |
| 3 Month Average | 63.590 % | £113,508 | £292,008 |
| 6 Month Average | 98.529 % | £175,874 | £354,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £270,915 | £270,000 | 25 TENNYSON WAY |
| 29 Jun 2023 | £315,055 | £312,500 | 54 HIGHLANDS WAY |
| 20 Mar 2023 | £120,652 | £120,000 | SUTHERLAND WAY NEWSAGENTS SUTHERLAND WAY |
| 9 Mar 2023 | £331,793 | £330,000 | 8 SUTHERLAND WAY |
| 31 Oct 2022 | £328,123 | £333,000 | 4 TENNYSON WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 Oct 2012. Using an estimated price of £300,084 means this house is valued at £3,449 per sq meter (£320 per sq foot).
The average size of a house on SUTHERLAND WAY is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Highgrove Gardens |
| Apr 2024 | Anti-social behaviour | On or near Highgrove Gardens | |
| Mar 2024 | Public order | Under investigation | On or near Highgrove Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Sutherland Way |
| Jan 2024 | Anti-social behaviour | On or near Sutherland Way |